USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, XAUUSD is consolidating. In this case, the price is expected to test 5/8, rebound from it, and then resume trading downwards to reach the support at 3/8. However, this scenario may no longer be valid if the price breaks 5/8 to the upside. After that, the instrument may continue growing to reach the resistance at 6/8.

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, continue the descending tendency.

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD has rebounded from the resistance at 8/8. In this case, the price is expected to continue falling to reach the closest support at 7/8. However, this scenario may no longer be valid if the price breaks the support at 8/8 to the downside. After that, the instrument may continue growing towards the resistance at +1/8.

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

EURUSD, “Euro vs US Dollar”

After forming another consolidation range around 1.0946 and breaking it to the upside, EURUSD has reached 1.0998. Possibly, today the pair may fall to reach 1.0942 and then grow towards 1.0968, thus forming a new consolidation range. Later, the market may break it to the downside and resume trading inside the downtrend with the target at 1.0858.

GBPUSD, “Great Britain Pound vs US Dollar”

After breaking 1.2232 downwards, GBPUSD is expected to continue falling towards 1.2169. After that, the instrument may return to 1.2232 to test it from below and then continue trading downwards with the target at 1.2160.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has reached its downside target at 71.30. Today, the pair may consolidate around this level. Possibly, the price may correct towards 72.82 and then resume trading inside the downtrend with the target at 69.50.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is correcting upwards to reach 107.80. After that, the instrument may continue falling with the short-term target at 107.17.

USDCHF, “US Dollar vs Swiss Franc”

After forming the consolidation range around 0.9687 and breaking it to the downside, USDCHF has reached 0.9644; right now, it is growing to return to 0.9687. Later, the market may start a new correction with the target at 0.9666.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is consolidating around 0.6565. Possibly, today the pair may fall to reach 0.6522 and then form one more ascending impulse to return to 0.6565. Later, the market may resume trading inside the downtrend with the target at 0.6505.

BRENT

Brent is growing towards 39.00. After that, the instrument may correct to reach 30.50 and then resume trading upwards with the target at 45.50.

XAUUSD, “Gold vs US Dollar”

After returning to 1739.39, Gold is expected to form one more ascending wave to reach 1758.58. After that, the instrument may start a new correction with the target at 1732.50.

BTCUSD, “Bitcoin vs US Dollar”

After completing the correction at 9400.00, BTCUSD is growing to break 9700.00. Later, the market may continue trading upwards with the target at 10100.00.

S&P 500

The Index is still consolidating around 2950.5. Possibly, today the pair may fall towards the downside border. If later the price breaks this range to the downside at 2922.2, the market may start a new correction to reach 2900.0; if to the upside at 2982.2 – form one more ascending structure with the target at 3012.3.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3940; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 1.3925 and then resume moving upwards to reach 1.4085. Another signal in favor of further uptrend will be a rebound from the descending channel’s upside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.3875. In this case, the pair may continue falling towards 1.3795. To confirm further growth, the asset must break the upside border of the Triangle pattern and fix above 1.3995.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6112; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6085 and then resume moving upwards to reach 0.6225. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may be canceled if the price breaks the cloud’s downside border and fixes below 0.6015. In this case, the pair may continue falling towards 0.5925.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is trading at 0.9661; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9685 and then resume moving downwards to reach 0.9625. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 0.9715. In this case, the pair may continue growing towards 0.9805.

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, after forming a Hanging Man pattern, XAUUSD has reversed; right now, it is correcting downwards to reach 1730.00. If later the price rebounds from this level, the uptrend may resume. In this case, the upside target may be at 1777.00

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, NZDUSD is testing another resistance level; it has already formed a Shooting Star reversal pattern. At the moment, the pair is reversing. The current situation implies that the price may form a slight correction towards 0.6072 and then resume moving upwards. In this case, the upside target may be at 0.6220.

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, after forming a Hammer pattern and rebounding from the support level, GBPUSD has reversed. At the moment, the pair is expected to continue forming the descending impulse. The downside target remains at 1.2010. However, there is another scenario, which implies that the instrument may return to 1.2340.